Otis Worldwide Corp (OTIS) Q1 Earnings: Solid Service Growth and …

On April 24, 2024, Otis Worldwide Corp disclosed its first-quarter results for 2024 through its 8-K filing, revealing a mixed performance with strong service sector growth and a slight downturn in ...

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OTIS - OTIS REPORTS FIRST QUARTER 2024 RESULTS - Otis …

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Apr 24, 2024 · Otis Worldwide Corporation (NYSE:OTIS) reported first quarter 2024 net sales of $3.4 billion with 3.8% organic growth. GAAP earnings per share (EPS) increased 8.9% to …

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Otis Worldwide Corp (OTIS) Q1 2024 Earnings Call Transcript …

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Apr 25, 2024 · Service Organic Sales Growth: 6.5%, marking the 12th consecutive quarter of mid-single-digit or greater growth New Equipment Orders: Down 10% in Q1, backlog roughly flat …

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Otis Worldwide Corp (OTIS) Q1 Earnings: Solid Service Growth And

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Apr 24, 2024 · Net Sales: Reported at $3.4 billion, marking a 2.7% increase year-over-year, slightly below the estimated $3.455 billion.Net Income: Reached $353 million, up 6

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Otis (OTIS) Q1 Earnings & Sales Beat Estimates, View Solid - Yahoo …

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The company reported quarterly adjusted earnings of 80 cents per share, surpassing the consensus estimate of 74 cents by 8.1% and increasing 5.3% from the year-ago quarter’s …

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Otis Worldwide (OTIS) Q1 2024 Earnings Call Transcript

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Apr 24, 2024 · Otis Worldwide (OTIS-0.36%) Q1 2024 Earnings Call Apr 24, 2024, 8:30 a.m. ET. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: …

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What To Expect From Otis Worldwide's Next Quarterly Earnings …

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Jan 8, 2025 · Shares of Otis Worldwide Corporation dipped 3.1% on Oct. 30 due to disappointing Q3 2024 results. The company reported weaker-than-expected adjusted earnings of $0.96 per …

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Which Is A Better Investment, Graco Inc. Or Otis Worldwide …

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6 days ago · Currently, Otis Worldwide Corporation’s price-earnings ratio is 22.6. Otis Worldwide Corporation’s trailing 12-month revenue is $14.2 billion with a 11.5% net profit margin. Year …

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Otis Worldwide (OTIS) P/E Ratio: Current & Historical Analysis

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2 days ago · The P/E ratio for Otis Worldwide (OTIS) is 22.86 as of Jan 14, 2025.This represents a decrease of-14.12% compared to its 12-month average P/E ratio of 26.62.A higher P/E ratio …

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Otis Worldwide Corp. Stock Rises Tuesday, Outperforms Market

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Shares of Otis Worldwide Corp. OTIS inched 0.68% higher to $91.78 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising …

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NJ's Wealthiest Counties Include Morris, Bergen, Hunterdon, More

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Nov 29, 2024 · Outside of the top 10, Passaic County, at 15th, has a median income of $84,465, investment income of $37,842 and a median home value of $534,704.

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FAQs about Otis Worldwide Corp (OTIS) Q1 Earnings: Solid Service Growth and … Coupon?

Is Otis worldwide corporation (Otis) a good stock to buy?

Otis Worldwide Corporation beats earnings expectations. Reported EPS is $0.88, expectations were $0.87. OTIS isn't one of the 30 most popular stocks among hedge funds at the end of the third quarter ( see the details here ). Operator: Good morning and welcome to Otis' First Quarter 2024 Earnings Conference Call. ...

How did Otis worldwide (Otis) perform in first-quarter 2024?

Otis Worldwide Corporation OTIS reported mixed results in first-quarter 2024, wherein its earnings surpassed the Zacks Consensus Estimate but net sales missed the same. The top and bottom lines grew on a year-over-year basis. ...

Who is on Otis' first quarter 2024 earnings conference call?

Michael Rednor : Thank you, Sarah. Welcome to Otis' First Quarter 2024 Earnings Conference Call. On the call with me today are Judy Marks, Chair, CEO, and President; and Anurag Maheshwari, Executive Vice President and CFO. ...

How did Otis perform in the first quarter?

The first quarter saw Otis achieve a GAAP earnings per share (EPS) of $0.86, an 8.9% increase year-over-year, and an adjusted EPS of $0.88, up by 10.0%. These figures are in line with the analyst EPS estimate of $0.87 for the quarter. ...

What do 'actual' numbers mean on Otis financial statements?

Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Source: Kantar Media Otis Worldwide Corp. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. View OTIS financial statements in full. ...

What is Otis' operational strategy?

Otis' operational strategy continues to emphasize service excellence and modernization, with the maintenance portfolio units growing by 4.1%. The company's CEO, Judy Marks, noted the strength of the service-driven business model and the successful margin expansion both year over year and quarter over quarter. ...